Welcome to the number one recession survival blog! Sign up for our RSS feed and follow us on Twitter to get the most out of the information provided here. Thanks for joining us! Tweet Economists continue to lower their expectations for a vigorous, sustained recovery. The...
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Tweet The question is twofold: when, and not if, interests will go up and by how much. Consumers have grown accustomed to single digit interest rates and this has fueled a large portion of this fragile recovery. Rising interest rates will harm a few areas of the economy...
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Tweet Factory output increased by 0.5% in July. This marks the first time in nearly two years that output improved. Economists are hoping that this news portends an economic recovery in the near future. The manufacturing sector is greeting this news with cautious...
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Tweet For the last few years, our economy was so awash in cheap credit that conspicuous consumption became the norm. Many economists and social critics were predicting the end of conspicuous consumption because of the new socioeconomic realities brought on by the current...
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